Vertical Research Advisory
Log inJoin Now
Newsletter

VRA Letter: NVDA; Another Massive Beat. Back Up the Truck; SOXL. A Personal Note. Quick Hitters; Bitcoin, TSLA, PM’s/Miners, Lost Soldier.

Good Thursday morning. Another day featuring sharp early morning losses, followed by a strong rally in the afternoon which saw the Dow Jones rally close to 400 points off of the lows. That’s back to back days, one featuring a st ...

Posted On November 21, 20247 MIN Read
Share:
vra-default-img

Good Thursday morning. Another day featuring sharp early morning losses, followed by a strong rally in the afternoon which saw the Dow Jones rally close to 400 points off of the lows. That’s back to back days, one featuring a straight up move in Nasdaq and one day in the Dow Jones. This is the repeating pattern action we’ve seen in US markets over most of 2024.

If you’re a bear that’s seeing this...combined with the rather massive broadening action (even as the semis and Mag 7 trade sideways to lower)…you’re a not so happy bear. Repeating patterns are an investor’s best friend (in both directions).

Nvidia Q3 Earnings - Another Massive Beat (with shades of slowing)

Because NVDA reports earnings so late in the quarter, investors have been on pins and needles over the last 2-3 weeks, waiting for yesterday’s Q3 report…and NVDA did not disappoint with another blowout quarter that beat on both the top and bottom line by wide margins. However, their bar is set so high that past comps...

Continue reading your article and start your free 14-day trial with VRA.

Start Free Trial

Already have an account? Sign in.

Related Post

July 11, 2025
VRA Letter: Fox Business today with “Chair Payne”. Overthought in a Melt-up Phase. Quick Hitters: Bitcoin to $140k. NuScale Power. Gold Miners. Rich Ross.

Good Friday morning. Heads up: I’m scheduled to be on 'Making Money' with Charles Payne in the 2 PM EST hour today (Fox Business). Or, should we say “Chair Payne” as Charles name has been floated as the next Fed Chair, replacing J Powell. Talk about the Roaring 2020’s. Make it so, President Trump. Market Update Futures are […]

July 10, 2025
VRA Letter: Generational Bull Market. The Ability to Lever Up is Unprecedented. Buy Housing Stocks. BTC ATH. TSLA & Grok. LSOG

Good Thursday morning. By this time in 2022, Tyler and I had completed our research for The Big Bribe and were about 80% finished writing the book (my 4th, Tylers 1st). Frankly, we were stunned by what we were finding along with the fact that we weren’t hearing these facts discussed on Wall Street. In most cases, […]

July 09, 2025
VRA Letter: Bull Market Melt-up Phase. Semis Still Flashing Buy Signals. Yardeni: Earnings Send Stocks Higher. Gold/Copper/Miners. Personal Note: Tesla

Good Wednesday morning. Bad things may happen at extreme overbought levels, but not when we’re in a bull market melt-up phase. As we see it, that’s exactly where we are, as we head into Q2 earnings. Dips will be short-lived, followed by dramatic moves higher.  For more than 15 years the VRA’s primary "market direction” indicator […]

July 08, 2025
VRA Letter: Extreme OB in a Melt-up Bull Market. Why Stocks Will Continue Higher. The Tesla-Musk Saga. Xtract One Tech News.

Good Tuesday morning. Yesterday’s sell-off had all of the characteristics of a “buy the rumor, sell the news” event. Following the passage of Trumps BBB, investors expected stocks to continue surging higher, but that’s not typically how the market works. "Sell the news” happens more often than not. Throw in some tariff uncertainty along with […]

July 07, 2025
VRA Letter: Out of Office

Good Monday morning. We’re out of the office today and will be back in tomorrow. VRA Portfolio: We own our VRA 10 Baggers, which include our focus names of today; Tesla (TSLA), Nvidia (NVDA), Vista Gold (VGZ), Xtract One (XTRAF), Snowline Gold (SNWGF) and NuScale Power (SMR). GameStop (GME) and Galaxy Digital (GLXY) are special situation, focus stocks. We also own […]